Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.
Read More »Inventory Makes a Recovery in June
Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the fastest yearly pace of all time—according to Realtor.com’s Monthly Housing Trends ...
Read More »Home Price Rise Begins to Slow in April
Although all 20 cities analyzed by S&P CoreLogic Case Shiller in its NSA Index notched double-digit price increases for the 12 months ending in April, home prices slid slightly compared to March’s totals.
Read More »Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.
Read More »Existing-Home Sales Retreat Nationwide
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors (NAR). Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions. Total existing-home sales ...
Read More »Housing Starts Down in May
With residential construction continuing to slow, the Fed’s rate hike of last week and its ripple effect on mortgage rates may push housing starts down for months to come.
Read More »Calmer Market Means More Options for Those Seeking Homes
As rising inflation and mortgage rates bring U.S. housing demand back from the chaos of 2021, Realtor.com's updated 2022 forecast predicts inventory will grow double-digits over 2021, offering buyers a better-than-expected chance to find a home. New data finds that ...
Read More »More Than 30 Million Properties at Risk of Wildfire
A new study from First Street Foundation has determined that U.S. homeowners have shouldered approximately $81.7 billion in wildfire damage over the last five years.
Read More »Housing Inventory Grows for First Time in Three Years
New data suggests the U.S. housing market may have hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since June 2019, according to the latest Realtor.com Monthly Housing Trends Report for ...
Read More »Q1 Ends With U.S. Home Prices on the Upswing
Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.
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